Financial Industry News

Former Wells Fargo Manager Ordered Reinstated, Earns $5.4 Million Payday

Los Angeles, CA: An OSHA whistleblower lawsuit filed by a former manager at Wells Fargo & Co. (Wells Fargo) in California has ended with an order by the US Department of Justice(DOJ) that the plaintiff be re-hired by his former employer, together with the repayment of about $5.4 million in back pay and legal fees. The order, issued by the Occupational Safety and Health Administration, is yet another blemish on an institution that has been the subject of massive amounts of ill will and bad press in recent months.

May 5, 2017

Apoyo mostrado al trabajador indocumentado está creciendo en California

Palm Desert, CA: Mientras la Administración Trump continúa cazando al trabajador indocumentado de diferentes formas, sigue habiendo una creciente ola de apoyo para los trabajadores indocumentados en California y su papel en la economía del estado. No obviada por los partidarios de los trabajadores indocumentados, tanto en el estado como el país en general fue la debacle que involucró al candidato original del presidente para la Secretaria del Trabajo, Andrew Puzder, el CEO de CKE Restaurant Holdings Inc. (CKE), que admitió el empleo de una trabajadora indocumentada, y no pagar los impuestos legalmente requeridos sobre su salario.

May 4, 2017

ERISA Exemption Debate Goes to the US Supreme Court

Washington, DC: The ongoing debate over whether, or not an exemption under the Employee Retirement Security Act (ERISA, as amended 1974) applies to non-profit hospitals reached a pivotal juncture in late March when arguments were made before the justices of the US Supreme Court. At stake is the current practice of not-for-profit hospitals with a church affiliation, applying the ERISA exemption according to a long-standing position in the accounting and actuarial world that a church affiliation meets the criteria for the ERISA exemption.

May 2, 2017

Supplier to US Government Settles Compliance Lawsuit for $1.65 Million

Palo Alto, CA: A software company located in Silicon Valley that is also a sub-contractor to the federal government has agreed to terms of a settlement that puts an end to a compliance lawsuit brought by the Office of Federal Contract Compliance Programs (OFCCP) alleging the defendant, Palantir Technologies Inc. discriminated against job applicants of Asian descent.

May 1, 2017

Wrongful Termination Plaintiff Suffers Heart Attack

Los Angeles, CA: There is yet another development in the story surrounding a California litigant having brought a wrongful termination lawsuit. Former tennis commentator Doug Adler, who had served as a tennis analyst and commentator for ESPN before he was fired, has suffered a heart attack he blames on the stress associated with the legal dispute in which he is embroiled with his former employer.

April 26, 2017

Latest Revision to California Family Rights Act Goes to Committee April 24

Sacramento, CA: We are just beyond the one-year anniversary of an expansion to the California Family Rights Act, or CFRA, that was first brought in 16 years ago.

April 23, 2017

Rollback of Obama Transgender Guidance Does Not Affect California

Sacramento, CA: Any California student identifying with a gender opposite to their birth gender and troubled by the Trump Administration decree issued back in February rescinding federal guidance that allowed transgendered students the use of student washrooms aligned with their gender identity, needn’t be worried about the potential for increased harassment.

April 18, 2017

The Undocumented Worker Crisis: Trump’s Wall May Not Be Needed

San Diego, CA: A new report about the US undocumented worker supply authored by economists at the University of California San Diego puts a decidedly different spin on the rhetoric coming out of the Trump Administration, and the campaign that led Donald Trump to the White House. Their findings could have an even more lasting impact on the state of California, if their forecasts turn out to be accurate.

April 16, 2017

Demanda por discriminación en contra de la Orden Ejecutiva Presidencial entablada en California

Oakland, CA: No tomó mucho tiempo para que las demandas por discriminación comenzaran a fluir después de la orden ejecutiva del Presidente Donald Trump anunciada el 27 de enero de este año, prohibiendo que ciudadanos de siete países predominantemente musulmanes entraran a los Estados Unidos. Por esta razón, la Unión Americana de Libertades Civiles (ACLU) ha presentado una demanda por discriminación en nombre de tres estudiantes universitarios y otros afectados en California, citando a la orden ejecutiva de Trump como inconstitucional.

April 9, 2017

Nike Hit with California Wage and Hour Lawsuit

San Clemente, CA: Retail giant Nike has been hit with a wage and hour lawsuit based out of California that alleges numerous violations to California wage and hour law, as well as other employment tenets. The most compelling aspect of the lawsuit is the alleged requirement by defendant Nike Retail Services Inc. that store employees, alleged to be earning minimum wage, are required to buy their own uniforms and do so several times in a year.

April 8, 2017
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